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The Range
Law & Order
Canada trying to ban Ruger #1 single shot rifles
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<blockquote data-quote="ConstitutionCowboy" data-source="post: 3914937" data-attributes="member: 745"><p>The number of "credits" a person has doesn't denote how much they receive. How much a person receives is based upon how much they paid in.</p><p></p><p>I know there are some people on "disability" who may have not paid into the system or have too few "credits". This, however, was not part of the system originally. </p><p></p><p>Social Security is not insolvent at this time. It is still drawing more money from workers than it needs in the immediate. Social Security is an "investment" with diminishing returns due to inflation. Sure, there are the COLA's, but they come after inflation has done it's damage to recipients and does not make up for the loss of value. Knowing these two facts, all one can conclude is that the only winner here, the only beneficiary, is the government. It takes in more than it needs and pays out less than what was promised.</p><p></p><p>Those never beneficiaries are as a result of not having paid in or not having earned enough credits. It is about 3.5% of those old enough to collect, not 4% of the population. </p><p></p><p>Woody</p></blockquote><p></p>
[QUOTE="ConstitutionCowboy, post: 3914937, member: 745"] The number of "credits" a person has doesn't denote how much they receive. How much a person receives is based upon how much they paid in. I know there are some people on "disability" who may have not paid into the system or have too few "credits". This, however, was not part of the system originally. Social Security is not insolvent at this time. It is still drawing more money from workers than it needs in the immediate. Social Security is an "investment" with diminishing returns due to inflation. Sure, there are the COLA's, but they come after inflation has done it's damage to recipients and does not make up for the loss of value. Knowing these two facts, all one can conclude is that the only winner here, the only beneficiary, is the government. It takes in more than it needs and pays out less than what was promised. Those never beneficiaries are as a result of not having paid in or not having earned enough credits. It is about 3.5% of those old enough to collect, not 4% of the population. Woody [/QUOTE]
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Canada trying to ban Ruger #1 single shot rifles
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